Employers Need to Help Retirement Age Employees Make Smart Health Care Decisions and Plan For Retirement.

04.06.20 07:44 PM By Forsite Benefits

One of the leading employer challenges heard from leadership teams today is helping employees make educated decisions about their health care plan; more specifically, the need for employers to help employees with retirement. 

As your employees experience all stages of life from marriage to children or retirement, they are faced with health care plan decisions that, when chosen incorrectly, can cost them unnecessary financial strain. Unfortunately, employees are often uninformed, overwhelmed, and left feeling frustrated when navigating their health care plan.

A recent study done by Northeast Wisconsin Manufacturing Alliance (NEWMA) looked specifically at retirement-age employees.

This study shed light on the increasing concern employers have for helping their aging employee population make informed healthcare decisions. With roughly 10,000 American employees reaching retirement age each day it’s a significant portion of your workforce that will need this support.

So, how can you help retirement age employees make informed healthcare decisions as an employer?

Check out this employee education piece on how to navigate health insurance for retirees under 65 before Medicare eligibility.

At Forsite Benefits, we continuously look for ways to make sure retirement-ready employees know all their options and how to find the best benefits for the least amount of cost. That’s why Forsite benefits developed Life Stage Support. Through our advocacy a Forsite Benefits Life Stage Support Counselor will work one-on-one with willing employees to coach them through selecting their best available health care plan option, saving them from unnecessary financial strain.

Be sure to check out the full article for more insight on what Northeast Wisconsin Manufacturing groups need to know when it comes to their retiring employee population.

If you are interested in learning more about mitigating risk by finding the best coverage for your employees needs through our Life Stage Support services, please reach out to Charles | csvihlik@forsitebenefits.com.

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